DLB draws Rs. 1.2 b profit in 1H

Views - 25 Wednesday, 12 September 2018 00:00

Development Lotteries Board (DLB) recorded successful financial achievements with a 28.4% growth in profit before tax of Rs. 1,311 million in the first half of 2018 over the same period 2017 in spite of challenging business environment. The profit be

Dr. Amarasinghe to speak at CILT Int’l Conference

Views - 18 Wednesday, 12 September 2018 00:00

An eminent expert in advance manufacturing and supply chain development, Dr. Ashan Amarasinghe will be delivering an eye-opening discourse at the Chartered Institute of Logistics & Transport (CILT) ‘International Conference 2018’ to be held on 19

Pathfinder Foundation participates in Indian Ocean Conference 2018 in Hanoi, Vietnam

Views - 72 Wednesday, 12 September 2018 00:00

The Pathfinder Foundation participated in the third Indian Ocean Conference, held in Hanoi, Vietnam on 27 and 28 August. The ‘Indian Ocean Conference 2018’ was organised by Delhi based India Foundation, in collaboration with the Diplomatic Academ

OPA Annual Conference to inspire professionals through digital knowhow

Views - 69 Wednesday, 12 September 2018 00:00

By Divya Thotawatte In an effort to inspire professionals to innovate in designing new products and services through digital technology to satisfy the changing societal needs, Organisation for Professional Associations (OPA) has organised its annual

Technology for social equity

Views - 89 Tuesday, 11 September 2018 00:00

Policymakers and companies have to use technology to create social equity, an expert said this week, pointing out that inequality could only be addressed by giving people skills that would be useful in the future and creating opportunities to enable

‘Belt and Road’ business interaction promotes investment between Sri Lanka and China

Views - 80 Monday, 10 September 2018 02:12

The Belt and Road International Production Capacity Cooperation Promotion Centre (BRIPCCPC) held an event on recently to promote business and investment between Sri Lanka and China.The event featured a business interactive session between a Chinese b

Built-Mech & Carrier celebrate longstanding partnership

Views - 57 Monday, 10 September 2018 02:11

Built-Mech Services was recognised as a longstanding partner in providing MVAC systems in Sri Lanka recently at the grand opening of Carrier Aircon Lanka’s new office. The company has been one of the pioneers in bringing the Carrier and Toshiba br

CA Sri Lanka’s 39th National Conference in October

Views - 72 Monday, 10 September 2018 02:10

The National Conference of Chartered Accountants organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is geared to inspire Chartered Accountants in October with a host of top experts, entrepreneurs and policy makers to embr

‘Ambiente’ trade fair welcomes Sri Lanka to Frankfurt

Views - 24 Monday, 10 September 2018 02:08

‘Ambiente’ the world’s largest international trade show organised by Messe Frankfurt, will have a Sri Lankan pavilion in 2020 to promote local consumer products and exports to the world market. The biannual event Ambiente is scheduled to be hel

United Motors Lanka diversifies into revolutionary 3D printing industry

Views - 74 Monday, 10 September 2018 01:27

United Motors Lanka PLC (UML), is now pleased to introduce its 3D Printing arm which will now market some of the best European brands of printers to the Sri Lankan market. The 3D Print Studio is located at Abidally Building, No. 33 Park Street Colomb

JASTECA 2018 to recognise SL’s strongest 5S, Kaizen and CSR performers

Views - 20 Monday, 10 September 2018 01:26

The Japan Sri Lanka Technical and Cultural Association (JASTECA) recently announced the launch of the JASTECA Awards which recognises the country’s strongest performers who excelled in 5S, Kaizen and Corporate Social Responsibility.

AMCHAM/STAX’s actionable recommendations on positioning Sri Lanka as attractive FDI destination

Views - 406 Monday, 10 September 2018 01:25

AMCHAM, in collaboration with STAX, recently launched the 2018 whitepaper ‘FDI Landscape and Investor Sentiment in Sri Lanka’ at a gathering of business and government leaders including Minister of Development Strategies and International Trade M

Asia-Pacific Entrepreneur Award for Ananda Caldera

Views - 48 Monday, 10 September 2018 01:21

Ananda Caldera, Executive Director, Global Rubber Industries (GRI), Sri Lanka, has been honoured with the Asia-Pacific Entrepreneur Award for manufacturing sector by the Enterprise Asia, Asia’s leading non-governmental organisation for entrepreneur

CIMA President Steven Swientozielskyj in SL

Views - 31 Saturday, 8 September 2018 00:10

The 85th President of the Chartered Institute of Management Accountants (CIMA), Steven Swientozielskyj FCMA, CGMA, will arrive in Sri Lanka today. During his visit he is scheduled to meet the President Maithripala Sirisena, Prime Minister Ranil Wickr

Batticaloa International Trade Exhibition 2018: ‘Your bridge to the east’

Views - 77 Saturday, 8 September 2018 00:10

The fourth edition of the Batticaloa International Trade Exhibition 2018 (BITE 2018) is scheduled on 5, 6 and 7 October at the Shivananda Vidyalaya Grounds in Batticaloa. BITE 2018 is organised by Lanka Exhibition and Conference Services Ltd. (LECS)

LMD recognises Derana as Sri Lanka’s most respected media entity

Views - 30 Saturday, 8 September 2018 00:10

Derana has been named the most respected media entity in Sri Lanka by LMD magazine in its latest compilation of Sri Lanka’s most respected entities. Just 13 years old, Derana is a premium entertainment and news channel offering multichannel access

NSBM Industry Partnership ceremony on Monday

Views - 68 Saturday, 8 September 2018 00:10

The NSBM Industry Partnership Program’s Evening of Partnership Building and Fellowship together with the Prospectus and Business Dialog Magazine Launching Ceremony will be held for the second time un

Sujeewa leads private sector delegation to Kenya

Views - 42 Saturday, 8 September 2018 00:10

State Minister of Development Strategies and International Trade Sujeewa Senasinghe, led a delegation of private sector companies to Kenya together with the Export Development Board (EDB) on 5 September.

BEAM opens first store at Majestic City with range of new security systems

Views - 44 Saturday, 8 September 2018 00:10

BEAM Corporation affiliated with the Thunder and Neon Group that is renowned for its engineering excellence in signage for 30 years, opened its first flagship store ceremoniously at No. 42, Second floor, Majest

CAT selects UTE from global dealer network to unveil 426F2 backhoe loader at ‘Construct 2018’

Views - 56 Friday, 7 September 2018 00:00

Strengthening a fruitful 70-year history as the exclusive dealer for Caterpillar in Sri Lanka, United Tractor & Equipment Ltd. (UTE), was chosen from among the global dealer network to unveil the new 426F2 backhoe loader at the recently concluded ‘

NES starts sailing

Views - 161 Friday, 7 September 2018 00:00

The National Export Strategy (NES) has started sailing on high waves after obtaining Cabinet approval and being launched together with all NES stakeholders. The NES, a flagship development project spearheaded by the Ministry of Development Strategie

Colombo YPO Sept. Forum on FTAs: What’s in it for us?

Views - 177 Friday, 7 September 2018 00:00

With the subject of Free Trade Agreements (FTAs) being an important point of discussion among the business community as well as the academic community related to business and economic studies, the Colombo Chapter of the Young Professionals Organisati

MAS Holdings announces new joint venture with Best Pacific

Views - 134 Thursday, 6 September 2018 00:14

MAS Holdings entered into a joint venture agreement with Best Pacific International Holdings Ltd. earlier this year, which was formalised on 1 August with the official signing ceremony. This joint venture (Trischel Fabric Ltd.) aims to further elevat

Sandeep Chaudhary to speak at ICCSL - CIMA Awards

Views - 152 Thursday, 6 September 2018 00:13

Aon Hewitt Consulting India Chief Executive Officer and Aon Asia Pacific Leadership Team Member Sandeep Chaudhary will deliver the key note address at The ‘Most Admired Companies of Sri Lanka 2018’ awards on 9 September. Chaudhary partners with

US Embassy partners with Matara Chamber of Industry and Commerce to open American Corner

Views - 20 Thursday, 6 September 2018 00:13

The US Embassy in Sri Lanka signed a Memorandum of Understanding on 30 August with the Matara Chamber of Industry and Commerce to open a new American Corner in Matara. US Embassy’s acting Public Affairs Officer Nancy VanHorn and Chamber Chairman Me

Tenaga Park Smart and JLanka collaborate to ease EV charging

Views - 105 Thursday, 6 September 2018 00:09

Tenaga Car Parks Ltd., South Asia’s largest parking management company, having over 100 parking meters in Colombo, collaborated with JLanka E-Mobility Ltd. to make urban life easier for electric vehicle (EV) drivers. Through this partnership, JLank

Powitt Solar Lanka brings ultra-modern photovoltaic technology to Sri Lanka with INE Solar Panels

Views - 248 Thursday, 6 September 2018 00:07

The Sri Lankan solar industry will gain localised access to one of the world’s most technologically advanced and globally demanded solar panels, with leading photovoltaic product manufacturer Infinity New Energy’s (INE) entrance to Sri Lanka. Th

249 young entrepreneurs from NCP identified for ‘Enterprise Sri Lanka,’ ‘Thurunu Diriya’ loans

Views - 37 Wednesday, 5 September 2018 00:00

A total of 249 young entrepreneurs qualified to receive ‘Thurunu Diriya’ loans were identified from North Central province. This was revealed at a progress review meeting for North Central Province, which was held on 31 August at the Anuradhapura

Minister Amunugama says SL should take advantage of location and develop a ‘Blue’ economy

Views - 40 Wednesday, 5 September 2018 00:00

Declaring open a new building at the Ocean University of Sri Lanka, Minister of Science, Technology, Research, Skills Development, and Vocational Training and Kandyan HeritageDr. Sarath Amunugama said recently that, taking advantage of our location a

British High Commission delegation visits Hambantota Port

Views - 53 Wednesday, 5 September 2018 00:00

A delegation from the British High Commission recently visited the Hambantota Port and was welcomed by the port operator, Hambantota International Port Group (HIPG) — a company established as a public-private partnership between the Government of S

Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit

Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi

The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation

Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc

Columnists More